The following statistics, along with additional details, can be found in the Community Association Institute’s National and State Statistical Review for 2014:
- As of 2014, there were approximately 333,600 community associations in the United States, which means that approximately 20.7% of the U.S. population lives in an association.
- Of those 333,600 community associations, about 51-55% are homeowners associations, 42-45% are condominium associations, and 3-4% are cooperatives.
- Approximately 66.7 million people live in a community association in the United States.
- By comparison, in 1970, there were only 10,000 community associations (housing approximately 2.1 million residents).
- In 2000, the number of associations jumped to 222,350 (housing approximately 45.2 million residents).
- The states with the most community associations in 2014 were: (1) Florida (47,100 associations) and (2) California (43,300 associations). Texas remains a distant third (19,400 associations).
- New Jersey and Pennsylvania, who were tied at 16th in the number of total community associations in 2012, each dropped in the rankings: New Jersey is now 17th (6,600 associations) and Pennsylvania is now 19th (6,000 associations).
- Seven (7) states still have fewer than 1,000 associations: Alaska, Arkansas, Mississippi, North Dakota, South Dakota, West Virginia and Wyoming.
- There were approximately 2,300,000 community association board and committee members in 2014, who collectively performed approximately 78,000,000 hours of service for their associations.
- There were approximately 50,000-55,000 community association managers and between 7,000-8,000 community association management companies in 2014, which is steady from 2012.
- It is estimated that between 30-40% of all associations nationally are self-managed, meaning they do not employ a professional manager or management company for day-to-day services.
- Approximately $70 billion in assessments was collected from association homeowners in 2014, and $22 billion was spent from accumulated reserve funds for the repair, replacement and enhancement of common property.
To view the entire CAI National and State Statistical Review for 2014, click here.
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